Planning permissions and related consents generally add value to property assets however they can be complex with restrictions imposed by way of obligations within approved section 106 agreements or conditions. A site or development project’s specific planning position is therefore not always clear.
Both the Use Classes Order and the General Permitted Development Order are continually being amended such that the land use changes and parameters of developments, which can be pursued without the need to make a formal application, are rarely set in stone for a significant period of time. As such, it can be difficult to establish what options outside of the planning application process are available to add value to a property asset.
Due Diligence Services include:
• Confirmation of the lawful planning use;
• Identification of the position in respect of the discharge of planning conditions / obligations;
• Preparation of reports on the validity of developments by comparing as built plans with approved details and conditions;
• Establish how planning policies have changed since permission was issued;
• Identification of any permitted development rights, including any changes of use, that apply to a particular property; and,
• Advise on whether extant permissions can be modified.
Our outputs vary depending on who and why our due diligence services are sought. For instance, we may provide a succinct explanation of planning position in a marketing report to accompany sales particulars. Alternatively one or more of the above services could be reported in detail, such as if we are acting for a landowner who require a Detailed Planning Position Statement to inform potential investors.
Our due diligence services are therefore useful to a wide range of clients from landowners, lenders including banks and other funding institutions, receivers, administrators, potential purchasers to other professional service providers including solicitors and estate agents.